Innoviz Technologies
LidarIsrael
New to Unitard
π Public < $1B
PeakΒ $1.4 BillionToday
β93%
from peak
- π¦Became a unicornApr 2021
- πPeak valuation$1.4 Billion β21
- πBecame a Unitard2022
- πΈLast valuation~$99.6M
Current status
Public (INVZ)
Live Β· INVZΒ· NasdaqCM
as of 2026-09-21
$0.334β² 9.87% today
βΒ $99.6 Million market cap Β· β92.9% from peak
The rise & fall
6 moments Β· 2016β2025The key moments.
2016
2016
Founded in Israel
Veterans of an elite IDF technology unit set out to build cheaper lidar for self-driving cars.
Wikipedia
Apr 2021
Apr 2021
The peak: a $1.4B Nasdaq debut$1.4B
Innoviz lists via SPAC in April 2021, at the crest of the great lidar-SPAC wave.
Reuters
2022
2022
The lidar trade unwinds
Automotive autonomy timelines slip and the whole sector sells off.
Bloomberg
2022
2022
Slips out of the club
The shares fall with the sector, dropping the market cap below $1B.
stockanalysis.com
Sep 2025
Sep 2025
Running at ~$0.3B
The lidar maker keeps shipping toward series-production programs while the market values it about 79% below the SPAC debut.
stockanalysis.com
Today
Today
Still in the club β and still trading
Live Β· INVZ Β· NasdaqCMas of 2026-09-21
$0.334β² 9.87% todayβ $99.6M cap Β· β92.9% from peak
How it happened
Innoviz Technologies is an Israeli lidar maker for autonomous vehicles that went public via SPAC in April 2021 at roughly a $1.4B valuation. As the lidar sector sold off and automotive autonomy timelines slipped, its shares declined sharply, dropping its market cap below $1B to around ~$0.3B, about 79% below peak.
Source: stockanalysis.com Sept 2025
Founders
Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.
